Daimler (ETR:DAI) Given Sell Rating at DZ Bank

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DZ Bank reiterated their sell rating on shares of Daimler (ETR:DAI) in a report released on Monday morning, Borsen Zeitung reports.

Several other research firms have also recently issued reports on DAI. Nord/LB set a €38.00 ($44.71) price objective on shares of Daimler and gave the company a neutral rating in a report on Thursday, July 23rd. Morgan Stanley set a €48.00 ($56.47) price target on shares of Daimler and gave the company a buy rating in a report on Friday, August 14th. Oddo Bhf set a €40.00 ($47.06) price target on shares of Daimler and gave the company a neutral rating in a report on Friday, July 24th. UBS Group set a €38.00 ($44.71) price target on shares of Daimler and gave the company a neutral rating in a report on Friday, July 10th. Finally, Jefferies Financial Group set a €48.00 ($56.47) price target on shares of Daimler and gave the company a buy rating in a report on Monday, July 27th. Three investment analysts have rated the stock with a sell rating, eleven have given a hold rating and five have issued a buy rating to the company. The company has a consensus rating of Hold and an average target price of €41.94 ($49.35).

Daimler stock opened at €41.97 ($49.37) on Monday. The firm has a 50 day simple moving average of €39.18 and a 200-day simple moving average of €34.95. The company has a debt-to-equity ratio of 267.75, a current ratio of 1.20 and a quick ratio of 0.85. The stock has a market capitalization of $44.89 billion and a PE ratio of -150.41. Daimler has a 12-month low of €21.02 ($24.72) and a 12-month high of €54.50 ($64.12).

About Daimler

Daimler AG, together its subsidiaries, develops and manufactures passenger cars, trucks, vans, and buses in Germany and internationally. It operates through Mercedes-Benz Cars, Daimler Trucks, Mercedes-Benz Vans, Daimler Buses, and Daimler Financial Services divisions. The Mercedes-Benz Cars division offers premium vehicles of the Mercedes-Benz brand, including the Mercedes-AMG and Mercedes-Maybach brands; and small cars under the Mercedes me and smart brands, as well as electric mobility products under the EQ brand.

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Analyst Recommendations for Daimler (ETR:DAI)

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